Taiwan

Taiwan is considering increasing its liquefied natural gas (LNG) imports from the US from 10% to 30% to help reduce the bilateral trade deficit. Economics Minister Kuo Jyh-huei said this shift is part of a broader plan involving state-backed purchases....

Taiwan’s National Stabilization Fund (NSF) activated NT$88 billion as part of a broader NT$500 billion effort to support the stock market following a sharp decline caused by new 32% US tariffs. The government also announced a NT$70 billion aid package...

Taiwan’s economy, which is heavily reliant on exports, is projected to grow by less than 3% in 2025 due to the impact of reciprocal US tariffs, which are unexpectedly high at 32%. This tariff rate is above the regional average...

Taiwan needs to review its import duties and trade practices to address trade barriers that led to the 32% reciprocal tariff imposed by U.S. President Donald Trump. Economists, such as Dachrahn Wu from National Central University, suggest that Taiwan must...

Dong Fang Offshore, a Taiwanese offshore services provider, has signed a US$125.9M contract with Vard for a new subsea construction vessel, its third from the shipbuilder. The 121-meter-long vessel will support offshore wind and telecoms projects, featuring a 250-tonne crane,...

Taiwan Fertilizer has shipped 6,000 metric tons of blue ammonia to Taiwanese semiconductor firms, marking a significant step in the country’s clean energy transition. Blue ammonia, which is made by capturing carbon dioxide and combining it with nitrogen, reduces carbon...

The US has imposed a 32% tariff on Taiwanese goods, which Chung-Hua Institution for Economic Research (CIER) President Lin Hsien-ming criticized as “simple and crude.” Lin suggested the US used 2024 trade data selectively to justify the higher rate. Taiwan’s...

In response to recent subsea cable damage and security concerns, Taiwan has implemented stricter port visit procedures for ships from Mainland China, Hong Kong, Macau, and several African nations, requiring up to a month for paperwork approval. Taiwanese security officials...

Singapore’s base oil imports rose for the third month in a row in February, driven by steady demand. However, the growth rate slowed due to a decline in industrial performance, with the country’s manufacturing output dropping by 1.3% year-on-year and...

​Taiwan has intensified inspections of vessels linked to Mainland China, Hong Kong, and Macau, effective March 31, 2025. This decision follows multiple incidents of undersea cable damage. “Substandard” ships and specific vessel types—such as tankers, semi-submersibles, heavy transport, and crane...